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israeli-tax-returns

Prepares and files Israeli tax returns including Forms 1301, 1214, 126, 856, and Mas Shevach declarations.

Updated Jan 9, 2026
Search Tags:#tax return#israeli tax#shaam#form 1301#mas shevach#nekudot zikui#mikdamot
One-click install
npx skills add https://github.com/amitpo23/cfo --skill israeli-tax-returns-amitpo23
Or copy as Structured Prompt for Agent▼
Please help me install this Agent Skill.
Skill: israeli-tax-returns
Source: https://github.com/amitpo23/cfo/tree/main/.agents/skills/israeli-tax-returns
Command: npx skills add https://github.com/amitpo23/cfo --skill israeli-tax-returns-amitpo23

SYSTEM DOCUMENTATION & REQUIREMENTS

💡 This Skill includes references (resource) components.

What problem does it solve? Navigating Israeli tax filing is complex: multiple forms, changing brackets, nekudot zikui calculations, surtax tiers, and strict deadlines. This Skill guides the preparation and SHAAM submission of Israeli tax returns with correct rates, credits, and deadlines. ## Core Features & Use Cases - Form Identification and Preparation: Covers Form 1301 (individual), 1214 (corporate), 126 (employer salary), 856 (supplier payments), 6111 (financial statements), mikdamot advance payments, Mas Shevach real estate gains, and securities capital gains (1322/1325). - Tax Computation Guidance: Applies 2026 income tax brackets, two-tier surtax (mas yesafim), nekudot zikui credit points, and Section 45A/47 pension benefits with worked examples. - Use Case: A freelance developer (osek murshe) asks for help with their 2025 annual return. The Skill walks through income collection, Appendix Aleph expenses, credit point calculation, bracket application, mikdamot reconciliation, and SHAAM submission. ## Quick Start Ask the assistant to help prepare your Israeli annual tax return for a given tax year, stating whether you are an individual, sole proprietor, or company.

Frequently Asked Questions about israeli-tax-returns

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do I file an annual tax return in Israel as a freelancer?▼

Freelancers (osek murshe or osek patur) file Form 1301 with Appendix Aleph (Form 1320) detailing business income and expenses. Calculate nekudot zikui credits, apply the income tax brackets, reconcile mikdamot advance payments, and submit via the SHAAM portal by April 30.

What is the difference between Form 1301 and Form 1214?▼

Form 1301 is the annual return for individuals and sole proprietors, due April 30. Form 1214 is the corporate return for registered companies, due May 31, taxed at a flat 23% rate. Both may require Form 6111 if turnover exceeds 300,000 NIS.

How are nekudot zikui tax credit points calculated in Israel?▼

Each credit point reduces annual tax by 2,904 NIS (2025-2027). Base entitlement is 2.25 points for men and 2.75 for women, with additional points for children, new immigrants, single parents, academic degrees, disability, and reserve duty.

When is the Mas Shevach declaration deadline after selling property?▼

The Mas Shevach declaration must be filed within 30 days of the sale date, or 40 days if requesting an exemption. Late filing incurs interest, linkage differences, and potential fines on the tax owed.

Does this skill cover VAT reporting or payroll calculations?▼

No. VAT reporting, withholding tax, crypto tax, payroll, and e-invoicing are explicitly out of scope and handled by separate dedicated skills. This skill covers income tax returns, capital gains, and advance payments only.

Why does my Israeli tax calculation not match the expected amount?▼

Common causes include applying wrong bracket thresholds, forgetting the surtax on income above 721,560 NIS (3% active, 5% passive), or miscounting nekudot zikui. Verify each bracket applies only to income within its range and cross-check current values.

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